ProMOS Technologies (LUX:PROTFPC) Debt-to-Equity : 0.03 (As of Dec. 2023)

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What is ProMOS Technologies Debt-to-Equity?

ProMOS Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.19 Mil. ProMOS Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.22 Mil. ProMOS Technologies's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $13.51 Mil. ProMOS Technologies's debt to equity for the quarter that ended in Dec. 2023 was 0.03.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for ProMOS Technologies's Debt-to-Equity or its related term are showing as below:

LUX:PROTFPC' s Debt-to-Equity Range Over the Past 10 Years
Min: -1.11 Med: 0.03 Max: 0.12
Current: 0.03

During the past 13 years, the highest Debt-to-Equity Ratio of ProMOS Technologies was 0.12. The lowest was -1.11. And the median was 0.03.

LUX:PROTFPC's Debt-to-Equity is not ranked
in the Semiconductors industry.
Industry Median: 0.26 vs LUX:PROTFPC: 0.03

ProMOS Technologies Debt-to-Equity Historical Data

The historical data trend for ProMOS Technologies's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

ProMOS Technologies Debt-to-Equity Chart

ProMOS Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.12

0.06

0.05

0.03

ProMOS Technologies Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.05	0.04	0.03	0.03	0.03

Competitive Comparison of ProMOS Technologies's Debt-to-Equity

For the Semiconductors subindustry, ProMOS Technologies's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

ProMOS Technologies's Debt-to-Equity Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, ProMOS Technologies's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where ProMOS Technologies's Debt-to-Equity falls into.

ProMOS Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

ProMOS Technologies's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0.186	+	0.218)	/	13.509
	=	0.03

ProMOS Technologies's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0.186	+	0.218)	/	13.509
	=	0.03

ProMOS Technologies (LUX:PROTFPC) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

ProMOS Technologies Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of ProMOS Technologies's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

ProMOS Technologies (LUX:PROTFPC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » ProMOS Technologies Ltd (LUX:PROTFPC) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.19-1, Li-Hsin Road, Hsinchu Science Park, Hsinchu, TWN, 30078

Website

http://www.promos.com.tw

ProMOS Technologies Ltd manufactures products and components pertaining to the semiconductor memory. It mainly manufactures Dynamic Random Access Memory (DRAM) and products related to the same. The company offers DDR3 SDRAM, DDR2 SDRAM, DDR SDRAM, SDRAM, mobile memory, and KGD products. It also creates simulation modules and data sheets. Geographically the activities are carried out through the region of Taiwan.

ProMOS Technologies (LUX:PROTFPC) Headlines

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